A Tariff Pile-On Threatens to Escalate a Global Trade War
American trading partners responded swiftly to President Trump’s latest round of levies with countermeasures, creating more uncertainty for C.E.O.s.
Read more at The New York Times
-
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 17h -
Stock market teeters amid trade war, recession fears
An escalating global trade war hammered markets in recent days.ABC News - 2h -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 3h -
Asia is a 'beacon of growth opportunities' as global trade war heats up, Singapore deputy PM says
Asia will remain a "beacon of growth opportunities" despite escalating global trade tensions, according to Singapore's Deputy Prime Minister Gan Kim Yong.CNBC - 12h -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - 2d -
Trade partners impose new tariffs on U.S.
Both Canada and China launched new tariffs on the U.S. today in the escalating international trade war. Canada targeted energy exports and China’s focus is on agricultural goods. NBC News’ Kelly ...NBC News - 1d -
Trump doesn't rule out recession as trade war stirs uncertainty
As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. ...NBC News - 2d -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 1d -
Trump tracker: the latest data on US trade, tariffs and economy
As the president threatens a trade war, follow the latest data on how the country’s economy is performingFinancial Times - 4h -
Trump doubles tariffs on Canadian steel and aluminum; floats 51st state again
Trump adds another 25% to tariff on Canadian steel and aluminum as the trade war between the countries continues to escalate.ABC News - 23h -
Trump 25% tariffs on steel and aluminum take effect, EU announces retaliation
Trump's tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.CBS News - 6h -
Tariffs on China could raise wedding dress prices for American brides
American brides are facing the impact of the trade war, as tariffs on imports from China threaten to raise the cost of wedding gowns. Janet Shamlian reports.CBS News - 17h -
Trade tariffs are the new normal – and that’s unlikely to be positive for Australia | Sally Auld
US policy changes won’t have a large direct effect on the Australian economy but a global trade war can only be a drag on growth. Get our breaking news email , free app or daily news ...The Guardian - 2d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 1d -
Ontario hits power exports to US with 25% surcharge as trade war escalates
Canadian province’s decision will affect 1.5mn households and businesses in Michigan, Minnesota and New YorkFinancial Times - 1d -
Dow drops 600 points as Trump escalates trade war with Canada
S&P 500 dips tentative toe into correction mode, following in the footsteps of the tech-heavy Nasdaq Composite.CBS News - 22h -
Trump to increase steel and aluminum tariffs on Canada in response to electricity surcharge
President Trump on Tuesday said his administration will increase planned steel and aluminum tariffs against Canada in response to an electricity surcharge the Ontario government imposed in the ...The Hill - 1d -
Trump doubles down on a trade war with Canada. Here’s where the U.S. gets its steel and aluminum.
President Donald Trump escalated his trade war against Canada, imposing new duties on steel and aluminum.MarketWatch - 1d -
Live Updates: Trade Fight Widens as Europe and Canada Retaliate Against Trump Tariffs
As President Trump’s global tariffs on metals took effect, the European Union and Canada announced billions of dollars in levies on American goods. Economists worried that the trade war could over ...The New York Times - 3h -
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance
The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.The New York Times - 5d -
Latest news on Trump's trade war with Canada, China
China and Canada have imposed retaliatory tariffs against the U.S. as part of the trade war surrounding President Trump's new policies. CBS News' Weijia Jiang reports.CBS News - 1d -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 8h -
President Trump doesn't rule out a recession amid tariffs against allies
President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...CBS News - 2d -
Trump Tariffs and Trade Wars Leave Investors, Once Optimistic, Feeling Apprehensive
On Tuesday, President Trump sent markets into another tailspin by announcing additional tariffs on Canada, suggesting a falling stock market is no longer the bulwark investors had hoped.The New York Times - 20h -
Ontario's Doug Ford warns of 'Trump recession,' threatens electrical shutoff to U.S.
Trump said that if Canada cuts off electricity exports to the United States as part of the ongoing trade war "they will pay a financial price for this."CNBC - 1d -
Canada to impose 25% tariffs on nearly $30bn in US imports as trade war flares – live
Canadian foreign minister condemns ‘unjustified’ trade war and condemns ‘Trump’s talks of annexing our country through economic coercion’ . Congressional brinkmanship, including repeated ...The Guardian - 22m -
Japan to Send Trade Minister to the U.S. Amid Tariff Tensions
The minister, Yoji Muto, is expected to negotiate with U.S. officials ahead of global tariffs that could damage Japanese businesses, including automotive giants.The New York Times - 2d -
China preparing for a protracted trade war with U.S.
China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...CBS News - 3d -
China returns fire in Trump’s trade war
Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still funFinancial Times - 2d -
What Slowdown? Xi Says China Must Win the Global Tech Race.
Xi Jinping wants China to surpass rivals as a tech superpower, undeterred by economic woes or trade wars. Critics ask if this focus neglects struggling citizens.The New York Times - 1d -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 5h -
Trade Wars - The return of Mark Carney
New Prime Minister of Canada vows to win trade war against President Trump.BBC News - 1d -
China to impose retaliatory tariffs on some Canadian products as trade war heats up
China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.CNBC - 4d -
Trump tariffs on steel and aluminum come into effect amid US-Canada trade war
European Commission announces countermeasures after sweeping US levies of 25% come into force without any exemptions. Donald Trump’s tariffs on steel and aluminum imports took effect on Wednesday ...The Guardian - 11h -
Canada's next PM Mark Carney vows to win trade war with Trump
The 59-year-old political newcomer says he will keep tariffs on US imports "until the Americans show us respect".BBC News - 2d -
Kentucky Bourbon Makers Fear Becoming ‘Collateral Damage’ in Trump’s Trade War
Smaller distillers say the uncertainty created by the administration’s erratic tariff announcements is crippling their ability to expand into Canadian and EU markets.Inc. - 1d -
Canada cuts rates as trade war shakes consumer and business confidence
Reduction to 2.75% comes hours after US tariffs on aluminium and steel take effectFinancial Times - 1h -
New Chinese tariffs add pressure on American farmers amid ongoing trade war
China's new tariffs on U.S. agricultural goods take effect today, cutting into American farmers' largest overseas market. The move follows the White House's decision to end a major source of farm ...CBS News - 2d -
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart
UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...The Guardian - 3d
More from The New York Times
-
Stocks Rise After Tumult, but Investors Remain Wary of Trade Tensions
Markets rose on better-than-expected inflation news, but uncertainty spurred by more rounds of tit-for-tat tariffs continued to weigh on investors.The New York Times - 41m -
High government debt is seen as stoking inflation, research shows.
The New York Times - 4h -
Southwest Airlines Will Begin Charging for Checked Bags, Ending a Beloved Policy
Customers with the highest loyalty status will be spared from the fee, but others will have to pay for checked bags for flights booked from May 28.The New York Times - 23h -
The SEC Has a Lone Democrat, Caroline Crenshaw
Caroline Crenshaw, the lone Democratic commissioner at the Securities and Exchange Commission, is offering dissenting views at the regulatory agency reshaped by President Trump.The New York Times - 3h -
Trump’s Unpredictable Tariffs Cloud Europe’s Economic Outlook
The mood at a gathering of central bankers, economists and analysts in Europe was somewhat bewildered, as they assessed the unpredictability of trade policy and geopolitics.The New York Times - 45m
More in Business
-
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 11m -
My stepmother inherited 100% of my father’s estate. She’s leaving everything to her two kids. Is that fair?
“I had a wonderful relationship with my father.”MarketWatch - 12m -
FTC asks to delay Amazon Prime deceptive practices case, citing staffing shortfalls
The agency cited staffing and budget constraints as factors for why the trial should be pushed back.CNBC - 13m -
Here’s the inflation breakdown for February 2025 — in one chart
The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will stall progress.CNBC - 14m -
Bond rally fizzles despite cool CPI inflation reading. What that says about investors.
A fleeting reaction to a cooler-than-expected February inflation reading on Wednesday is a signal that investors are consumed by recession fears.MarketWatch - 25m